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retail theft statistics

Shedding Light on Retail Theft Statistics

The NRSS indicates that shoplifting accounted for 35.7 percent of the reported shrink in 2017, which is down from 39.3 percent in 2016.
strategy loss prevention director

Counterintuitive Strategies for the Successful Loss Prevention Director

There is no universal secret to professional development success. Still, there tend to be commonalities among LP leaders who gain recognition within their organizations. And they’re not always what you’d expect.
project cost estimation

Keys to a More Reliable Project Cost Estimation

These tips may help you to assess the completeness of a project’s cost estimate, either when conducting your own estimate or evaluating the sufficiency of an estimate developed by a consultant or integrator.
shoplifting and theft

Prevent Shoplifting and Theft with…Music?

In one experiment, Barry Manilow music was broadcast through loudspeakers located in a local parking lot every night between 9 pm and midnight on Friday, Saturday, and Sunday.
external theft, organized retail crime methods

Organized Retail Crime Methods: The Booster-Fence Ecosystem

Organized retail crime methods are a part of the retail marketplace, and they operate under the same basic principles as retailers. There is an opportunity to make a profit by supplying a demand, so various ORC players take it upon themselves to become the suppliers.
money bills cash

How to Minimize the Cost of Cash with the Right Retail Cash Management Solution

As loss prevention professionals in retail businesses that serve this demographic en masse (i.e. QSR, c-store, big box, etc.) know all too well, cash is still a prominent form of payment.
loss prevention staff

How to Maintain a Positive Outlook among Your Loss Prevention Staff

A growing body of research links loss prevention staff attitudes to the training they receive. How else should managers handle negativity in the workplace?
Credit Card fraud scam

You WILL Become a Victim of a Credit Card Fraud Scam

Experian has noted that credit card fraud is the most common form of personal financial fraud. Statistics say that 47 percent of adults in the United States have reported being victimized by a fraudulent purchase on their credit or debit card, and that percentage is predicted to rise.
warehouse inventory loss

Significant Inventory Loss Requires Perspective

Throughout my career, I've investigated numerous significant increases in shortage on a multi-store level. In each case, the cause was traced to the distribution process.
Loss Prevention Foundation LPF logo

Loss Prevention Certification: Recently Certified – March 2019

We are pleased to recognize and congratulate these industry leaders who recently obtained certification. Despite their demanding schedules, they still saw the value and took the time to obtain this industry-leading credential.

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Get your FREE "Optimizing Your Employee Theft Policy" Guide

Promoting a culture of honesty requires implementing a strong employee theft policy and internal awareness program.

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Get your FREE "What is Loss Prevention?" Guide

Read this report to discover the history of retail security and get a glimpse at the rapidly evolving loss prevention profession.

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Get your FREE "Issues with ORC and Shoplifting" Guide

The safety of store associates, customers, and millions of dollars in potential litigation rely upon understanding these issues.

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Get your FREE "CCTV, Alarms, and Security Training" Guide

This report shows how CCTV/video and alarm systems can enhance the safety and security of retail locations.